My biggest issue with crypto today is that it disproportionately rewards the wrong people.

My biggest issue with crypto today is that it disproportionately rewards the wrong people.

https://twitter.com/PouriaAzimzade1/status/1558527845177204740

Real World Ethereum 🌎 
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Totals are hard to estimate

But if you take, say, the top10 people who made the most money in web2: Zuck, Spiegel, Larry, Sergey, etc

Hard to argue the corresponding list for crypto isn’t scammier. Justin Sun is probably on it.

it certainly *feels* true that

capital_accrued_by_bad_people > capital_accrued_by_good_people

but is this actually true?

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

Porto Seguro, State of Bahia, 45810-000, Brazil

The fundamental tension is 1. crypto is experimental tech with enormous liberatory potential, but 2. offers near unlimited amount of money from exploiting retail

So many pursue 2 instead of 1

And the ones who do 1 make less money

would you mind elaborating? FWIW I agree, but curious how you reached this POV

Would really love a tool that visually shows how the tokenomics work for a web3 project ie how many tokens, how they have been distributed/vest, max cap (if any), mutability of the above, etc. This should weed out quite a bit of outright scams